While the regulation debate drags on, InvestHedge examines if funds of funds in the SEC-registered universe will benefit and how they shape up from both performance and transparency perspectives
By Niki Natarajan
Regulation of the hedge fund industry is back on the drawing board after two years during which assets have halved, liquidity has dried up and frauds were exposed. While in the UK it is the management company that is regulated and registered irrespective of how much money a manager runs, in the US there seems to be a variety of permutations for registration.
In the US a few years ago it was considered "trendy" to register the management company, and those hedge funds that wanted to escape the radar screen simply